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ebrating the milestone, Facebook founder and Chief Executive Mark Zuckerberg published a special post on the site’s blog. In it he revealed the company this week has surged to 400 million users. It was only five months ago that Facebook had 300

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Hardest hit was feature-film production, which had been steadily falling over much of the last decade as L.A. lost jobs to Canada and, increasingly, other states such as New Mexico, Louisiana and Michigan that offer lucrative tax credits and rebates to filmmakers. California's newly adopted film tax credit program helped to blunt the downturn, with production activity increasing by double digits in the second half of the year. About 50 productions have qualified to receive about $100 million in tax credits since the state program debuted this summer

A sour economy and civil litigation — including one suit filed by Titan Media Group’s parent company — have prompted video website Veoh.com to file for bankruptcy. Veoh co-founder Dmitry Shapiro wrote in a blog post that despite “great vision, a passionate team, tens of millions of users, millions in revenues and victory in court were not enough."

Google said on Tuesday that it was considering shutting down Google.cn and closing its offices in China after a cyber attack on its corporate infrastructure resulted in intellectual property loss. Google also said it would stop censoring search results on Google.cn. For the first time, reports and images of the Tiananmen Square massacre and other events could be seen through Google searches in China.

Chinese American media rushing to provide their analysis in the context of U.S.-China relations. “Google, Don’t become a tool in the political fight between the U.S. and China” read the headline of an editorial published Friday in China Press. “Though Obama tried to adapt to China’s increasingly powerful role in the world with a new attitude and said the United States would not repress China’s development, the differences in ideology between the countries continue to prohibit the U.S.-China relationship from moving forward,” the editorial argued.

“If the Chinese government just let it go, Google could stop its financial losses in China, which would be beneficial to its share price. If the Chinese government is willing to compromise, Google will become the ‘hero’ that breaks China’s strict control over Internet information.” Chinese investors, Leung noted, believe the absence of Google will actually benefit the local Internet market; the stock prices of Chinese Internet companies rose right after the announcement was made.